Latest Funding for Rhuna Payment Platform, Secures $2 Million in Funding

Hey there! Big news for crypto fans: Rhuna, a slick stablecoin payment platform, just bagged $2 million in seed funding. 

Perfect for festivals, theme parks, and more, it’s making transactions seamless with Web3 tech. Let’s break down how Rhuna’s changing the entertainment game with this cash boost.

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Rhuna’s $2M Seed Funding Breakthrough

Rhuna, the go-to stablecoin infrastructure for entertainment, nailed a $2 million seed round led by Aptos Labs. 

Heavyweights like Acc Ventures, X Ventures, NewTribe Capital, Keyrock, CoinMarketCap Labs, FunFair, and Lémanique also chipped in. This funding powers Rhuna’s mission to blend fast crypto settlements with real-world fun.

Top Investors Fueling the Vision

Aptos Labs is all in, with CEO Avery Ching saying, “Rhuna connects digital innovation to live events with serious traction.” 

Backers like CoinMarketCap Labs see Rhuna as the bridge for fiat-to-stablecoin flows in venues worldwide, boosting its cred in the crypto-entertainment space.

Read Also: What is Ethernity Chain? The Entertainment-Focused Blockchain

What Makes Rhuna Stand Out

Imagine paying for festival tickets or snacks with a phone tap, backed by blockchain’s security.

Rhuna delivers wallet-native checkouts, POS systems, ticketing, access control, loyalty perks, and instant stablecoin settlements. It’s like a universal pass for fun, keeping every step secure and portable.

Core Features for Seamless Fun

Rhuna’s all-in-one platform shines with:

• Smart Payments & Ticketing: Easy fiat-to-stablecoin ramps for venues and fans.

• Web3 Goodies: AI tools, tokens, NFTs, and whitelabel options for operators.

• Smooth UX: Web2 simplicity with Web3 trust for events and parks.

This setup makes Rhuna a game-changer for entertainment transactions.

Rhuna’s Impressive Track Record

Rhuna’s already a big deal, powering 165+ events like UNTOLD (a top 3 global music fest), Neversea, and Dubai’s first mega festival. 

At UNTOLD, 450,000 attendees used Rhuna for payments and entry. With $90M+ in volume and 2M+ users in pilots, it’s the leading fiat-to-crypto bridge for fun.

Leaders Share the Vision

CEO Sveatoslav V. says, “Entertainment needs trust and transactions. We’re building a payments-first rail where access, checkout, and rewards click.” 

Chief Commercial Officer Bogdan R. adds, “Rhuna’s the top on-ramp for stablecoins in entertainment, linking payments and perks globally.”

Read Also: GalaChain (GALA) Powering the Future of Web3 Gaming and Entertainment

Where the $2M Funding Goes

This cash injection supercharges Rhuna’s growth. It’ll strengthen payment rails, enhance tools for organizers like POS and ticketing, and fast-track their consumer app.

That app lets you discover events, grab tickets, and pay with your wallet, all in one smooth flow. Rollouts are set for Asia, Europe, and North America.

Scaling Global Entertainment

Rhuna’s eyeing big moves by 2025, partnering with venues, aquaparks, and transit operators. Their Dubai success proves they can scale globally. 

Expect more seamless crypto payments at your next concert or theme park visit, with high-profile deployments coming soon.

Why Rhuna’s Funding Matters

Rhuna’s $2M round, led by Aptos Labs, signals stablecoins’ rise in entertainment. From quick festival buys to park perks, Rhuna makes crypto practical. 

With proven traction and global reach, they’re set to dominate, blending Web3 power with real-world fun for millions.

The Future of Crypto in Fun

• Global Reach: Rhuna’s expanding to Asia, Europe, and North America, powering events and transit.

• Fan-Friendly Tech: Their app simplifies discovery, access, and payments, making crypto a breeze.

This funding ensures Rhuna keeps pushing the boundaries of entertainment payments.

Read Also: What is MetaMerce? An Initiative to Bring Entertainment Cities to the Metaverse World

Conclusion

Rhuna’s $2 million funding marks a leap for stablecoin payments in entertainment. From festivals to theme parks, their platform makes transactions fast, secure, and fun. 

As Web3 meets real-world experiences, Rhuna’s leading the charge. Ready to explore crypto? Try platforms like Bitrue to trade and stake tokens hassle-free!

FAQ

What exactly does Rhuna do in the entertainment industry?

Rhuna powers crypto payments for festivals, theme parks, and live events, letting users buy tickets, snacks, and more using stablecoins with just a tap.

Who led Rhuna’s $2 million seed funding round?

Aptos Labs took the lead, joined by big players like CoinMarketCap Labs, Keyrock, X Ventures, and NewTribe Capital.

How does Rhuna make crypto payments seamless?

It integrates wallet-native checkouts, instant stablecoin settlements, and Web2-style POS systems, so users get fast, secure transactions without the crypto hassle.

What makes Rhuna’s tech stand out from regular payment apps?

Rhuna fuses Web3 tools, like NFTs, tokens, and loyalty perks, with easy fiat-to-stablecoin ramps, making it the ultimate blend of fun and finance.

How will Rhuna use its new funding?

The $2M boost will enhance its payment rails, upgrade POS and ticketing tools, and roll out a global event app for users in Asia, Europe, and North America.

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